In recent years, hordes and hordes of new collectors and investors have entered the Pokemon card sphere, causing dramatic market shifts and an uprising of new content creators. In this particular post, we are going to share a Pokemon Card Market guide that you can follow if you are not into this area.
Before the 2020 boom, the hobby was much more isolated. Yes, it expanded, but the explosion that took place during the pandemic absolutely caused some growing pains for the Pokemon collecting world.
Why? Well, if you have a large influx of people joining a particular arena, you will obviously have a variety of attitudes and personalities as well. Some of these personalities are great. Other? Let’s just say Pokemon could have done better without them.
But for those of you still trying to break into a still-growing market, here are some pointers on how to go about it to ensure you have the best possible experience.
Market leader for Pokémon cards
Pokemon Card Market Guide Tip 1: Don’t talk about people
This is something you see again and again in the Pokemon card hobby (and really life in general). Someone who’s new joins the fray, draws attention early, thinks they’re hot, and starts badmouthing other collectors, corporations, content creators, and the like.
While you might get an endorphin rush when you tear someone apart for one reason or another and see the deluge of comments supporting your point of view, trust me when I tell you: it’s not a good idea.
You may feel that you are gaining confidence and you may have the impression that you are a man or woman of the people. But what you’re really doing is driving a wedge between you and serious people in this hobby and making it so that no one of real influence wants anything to do with you.
Think about it: would she trust someone who takes it upon themselves to put someone down they don’t agree with?
Yes, I totally understand that some people do wrong things. Some people exhibit questionable (if not downright slimy) behavior. But when you create a YouTube channel or an Instagram page or whatever (insert your social media platform of choice here) solely geared towards “exposing” these parties, you are actually making yourself look bad in the process .
I would never want to associate with a person who spends so much time publicly belittling others, even if they have a legitimate reason to do so.
And let’s be honest: most of the time, people behave out of envy and because they want attention (which usually comes in the form of views and/or subscribers and followers); not because they really care about the community.
Don’t be the guy or girl that follows this path.
Pokemon Card Market Guide Tip 2: Keep your word
I find it very disturbing that this is something that actually needs to be mentioned, but the more experience I get the more I realize that integrity is a trait that the vast majority of people possess Not to have.
A big part of integrity is keeping your word. If you say you will do something, do it. Don’t try to find an excuse to back down. Unless you have a very valid reason why you need to pivot, just stick with what you said.
There are several reasons for this, but let’s stick to one for now: keep your word for your word own Sake.
Imagine this scenario. You work on a deal with Mike and give him your word that you will finalize the transaction with him. He spends his time putting together an extensive map pack for you. He counts how many cards you will receive, checks the condition, everything. After several days (if not weeks, depending on how big the deal is) of getting everything in order, Mike sends you a spreadsheet of what he has. You then decide to walk away from the deal because you found a better deal elsewhere or simply changed your mind.
Anyway, you broke your word.
Let’s say you make a deal with John. You are in the early stages of the business and John is about to do what Mike did for you. However, John actually knows Mike, and he happens to mention to Mike that he’s working on a deal with you. Mike recognizes your name and immediately tells John, “Oh, that person? You backed out of a deal with me. They don’t keep their word.” Suddenly, John doesn’t want to work with you anymore.
Believe me: people talk and you never know who someone knows. Your reputation is everything.
keep your word. If you promise someone something, keep it.
Pokemon Card Market Guide Tip 3: Don’t overwhelm yourself
A big mistake some newer people make is that they get into the hobby with so much enthusiasm that they don’t have any discipline whatsoever. So they end up buying everything they see and going into debt because of it.
I will not tell you which payment method to use when purchasing items. That’s entirely up to you. But I’ll tell you one thing: do it Not Go into debt over Pokemon cards.
Story Time: A few years ago a customer sent me a message about some booster packs I had for sale. I can’t remember exactly how much I sold them for, but they were all well into the hundreds of dollars. In his message, he happened to mention that he had about $25,000 in credit card debt due to Pokemon cards alone. I immediately told him that it was Not a good idea for him not to buy expensive booster packs.
You should always commit to a budget and exercise some restraint when it comes to buying Pokemon cards (or really non-essential goods). If you come here with guns blazing and click buy now on anything that sounds appetizing to you, you will be in dire straits before you know it and you won’t be able to buy anything at all, related to Pokemon.
Love to collect, but be disciplined.
Pokemon Card Market Guide Tip 4: Do your research
I cannot stress this enough: knowledge is king.
I don’t care how much capital you have. I don’t care who you know. I don’t care how much you think You know. If you don’t do the necessary research, you will have a difficult time in the world of Pokemon card collecting.
You might think the whole process is easy, but in reality you really need to know what you’re doing, especially if you’re looking to start a business and/or invest in Pokemon cards for the long term.
You need to understand market dynamics. You have to understand trends. You need to understand which cards have good fundamentals and which don’t.
The only way to understand any of these things is to just do some research.
Knowledge and experience will take you further in this hobby than anything else. Yes, money certainly plays a role, but knowledge is the crown jewel that you should acquire before you really delve into anything serious.
Pokemon Card Market Guide Tip 5: Talk to experienced people
One of the key ingredients to becoming wise is being able to identify people who possess wisdom themselves. In business, that means finding people who have made it to the top (or at least very adept at it) in their field and seeing how they made it.
There are countless people in the Pokemon card hobby who have achieved incredible feats. Some of these collectors have been in the game for several decades, so it’s safe to say they know a thing or two.
What if you can’t have a face-to-face conversation with them? Digest their content. Check out their YouTube videos. Read everything they could write. For example, Scott Pratte is one of the preeminent collectors and investors in Pokemon. He has a YouTube channel called smpratte where he unleashes a wealth of information that all new entries should incorporate.
Don’t be one of those people who think they know everything and aren’t willing to listen to others. The more information you absorb, the better off you will be.